Wadding Of Textile Market Overview in Croatia
In value terms, wadding of textile production contracted rapidly to $ in estimated in export prices. In general, the total production indicated moderate growth from 2007 to : its value increased at an average annual rate of +% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, production decreased by -% against 2018 indices. The pace of growth appeared the most rapid in 2008 when the production volume increased by % year-to-year. As a result, production reached the peak level of $. from 2009 to , production growth remained at a lower figure.
The size of the wadding of textile market in Croatia shrank sharply to $ in , which is down by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, continues to indicate a noticeable expansion. The most prominent rate of growth was recorded in 2011 with an increase of % against the previous year. Wadding of textile consumption peaked at $ in 2018; however, from 2019 to , consumption stood at a somewhat lower figure.